Garrett F Anderson
Pay off PMI or save for a rental?
I purchased a house in a neighborhood with a strong rental market. I bought the house with an FHA loan so there is PMI on top of my mortgage payment. If I were to move, it wouldn't make sense to rent out the house b...
Omar Hassan
Does 5% Conventional loan disqualify me from FHA 3.5%
In February I purchased a property using 5% conventional lending, once my one year of owner occupancy is over will I be able to qualify for an FHA loan since I've never used one previously? Any information helps, Thanks!
Hajarah Shakir
Best Loans for REI
I’m just starting out in real estate and I am looking to house hack a multi family in Massachusetts. I have around $40k saved for a down payment. Would rather put as little down as possible just Incase I need to rehab...
Shane W.
FHA Expert
Hi guys,I've been a bit absent from BP for the last few months as I'm one step away from being a licensed agent in CA. That one step being them finally allocating me my number after passing the test back at the beginn...
Josephine Breign
Is this multifamily house hack a good deal?
Hi BP!
Newbie here trying to analyze a deal. It seems like what constitutes a good investment ranges widely depending on where the property is and what your goals are. I have a good friend who bought a fourplex mult...
Rob Krach
Negative Cash Flow, would you?
So my current situation is:$480 a month for rent plus $60 in utilitiesI just analyzed a deal and am curious if this makes sense or if I am missing something:Here is the deal and the numbers:Offer would be $185,000, FH...
Quinn Barnett
Owner financing vs FHA
I’m looking at a 160k quad that I would purchase with an FHA loan and have an estimated 3.3% interest rate. Owner financing is an option(slim option though). Would there be any reason for me to pursue that when the in...
Matt Cruz
10% down without paying Mortgage Insurance?
Sorry if this is the wrong forum for this question, but I'm hoping someone can shed some light.Looking to purchase a house to live in (going to rent out my current house).Purchase price will be somewhere around $410k ...
Maki Bick
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.WE NEED YOUR ADVICE!! Hi, me and my husband purchased our first home in April 2020 (Bought it for $312,0...
Chris Mendoza
House Hack Funding..
Hey guys, so I’m just curious. I’ve been looking into buying a multi family unit and trying to keep my down payment low. I’ve run into the problem with Conventional loan product requiring 15% down....are there any oth...